G1A 0.00% 5.9¢ galena mining limited

So the timeline was PFS delivered Sep/Oct 2018 and Feasibility...

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    So the timeline was PFS delivered Sep/Oct 2018 and Feasibility Study completed in July 2019? I can't see a specific mention of a DFS or a 'Bankable Feasibility Study' after that unless I have missed it?

    https://hotcopper.com.au/data/attachments/5880/5880022-636bd76e2af616031c0361787fd69690.jpg



    https://hotcopper.com.au/data/attachments/5880/5880066-7af4bd28f12d7656d0c54a4708939ac2.jpg

    GR Engineering did the construction and technical parts but assume most other stuff was either in-house G1A or subcontractors? Covid, cost overruns, finance, geology (2018 Resource calc. by Optiro), and a few other things did a number on those assumptions, didn't it? What a quaint pre-Covid world where a contingency of +/-10% was considered acceptable. About the only thing that did come close to the FS was the price of Lead in US$ per Lb.

    Anyone else think that they pushed the go button too early on this and somehow miraculously got this constructed during Covid but came unstuck with all the post-Covid cost inflation and some dodgy resource modelling?

    A couple of names to add to the blacklist for future reference? Toho Zinc also dished out a second punishment in Australia in recent months. They won't be happy.
    Last edited by eastwest101: 12/01/24
 
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